L'Oreal, S.A.: Signs definitive agreement with Dermtek Pharmaceuticals (Dorval, Quebec) to buy the Ombrelle sun care brand for an undisclosed cash sum, L'Oreal announced Oct. 27. The number-two sunscreen brand in Canada, according to L'Oreal, is available in SPF 15 and SPF 30 formulations and contains the active ingredient Parsol 1789. Ombrelle will give L'Oreal's North American marketing arm, Cosmair, the "opportunity to participate in the large and growing suncare market...and to work directly with the dermatologic medical profession," according to the firm. Dermtek had planned to launch Ombrelle into the U.S. with marketing support and Cosmair said it anticipates it will follow the company's original launch strategy. Dermtek Founder and Chair Robert Lavoie will assist Cosmair as a long-term advisor, the firm noted...
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The US FTC’s contention that ‘notice and choice’ has failed as the cornerstone of consumer privacy regulation and must be abandoned in favor of data minimization and other more stringent measures does not adequately account for the complexity of business practices and consumer behavior, FTC commissioner Melissa Holyoak asserted at the NAD’s 2024 Annual Conference.
FTC Commissioner Melissa Holyoak says the agency has acted outside the bounds afforded by Congress, citing several areas within consumer protection, including a recent update to the final rule for the Health Breach Notification Rule and the commission’s use of notices of penalty offense to serve as the basis for Section 5 settlements.
At one year, TikTok Shop conjures the early days of Amazon, representing the ‘Wild West’ of beauty ecommerce, said co-founders of private label and contract manufacturing company KO-Pack at the IBA Cosmetics Convergence Fall 2024 Virtual Symposium, “The Promise and Pitfalls of TikTok Shop.”
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L’Oréal SA and NVIDIA Corp. are collaborating to unlock AI’s potential access across beauty, including innovation, scalability, and personalized marketing, the French beauty firm and the tech company announced during the Viva Technology show in Paris.
Complaint filed Utah federal court says “Supreme Court explicitly rejected Chevron deference to agency interpretations” in the Loper decision, compelling rejection of “an agency’s statutory interpretation unless the court, ‘after applying all relevant interpretive tools, concludes’ the interpretatio
A round-up of the latest people moves: Pharma Deutschland names head of new OTC Market division; the African Medicines Agency appoints director general; the UK's Food Standards Agency adds members to novel foods committee.
